Latest from Bradley Keoun
There's a Reason Bitcoin's Worth 500 Barrels of Oil: Bloomberg's McGlone
“Supply, demand, adoption and advancing technology point to the crypto continuing to outperform fossil fuel in the next 10 years," according to the commodities analyst.
First Mover Asia: Crypto Prices Rise on Better-Than-Expected US Inflation News
The consumer price index rose 7%, but many investors anticipated a steeper increase; bitcoin and ether prices notched solid gains during the U.S. trading day.
Bitcoin Snaps 6-Day Losing Streak, Holds Above $40K
The price appears to have stabilized after a nearly weeklong downdraft that marked one of the cryptocurrency’s worst-ever starts to a year.
Bitcoin Falls Toward $40K, Racks Up Longest Losing Streak Since 2018
Cryptocurrency analysts had warned of the possibility of a steeper sell-off, and now traders are wondering when and where the market shakeout might end.
Bitcoin Falls to 1-Month Low as Fed Minutes Reveal Talks to Shrink Balance Sheet
A reduction in the balance sheet might undermine bitcoin’s appeal as an inflation hedge.
Market Wrap Year-End Review: Bitcoin Peaks as Coinbase Goes Public
Tesla’s bitcoin acceptance helped to send the BTC price to an all-time high near $65,000 in April, almost unthinkable just a few months earlier. Coinbase’s direct stock listing marked the exact date of the market top.
Market Wrap Year-End Review: Musk Pumps Bitcoin and Dogecoin
Dogecoin pumped along with bitcoin thanks to some high profile tweets.
Market Wrap Year-End Review: Bitcoin Starts Off in a Frenzy
In this first episode of Market Wrap’s review of crypto markets in 2021, we recall the powerful rally that ushered in the new year. Retail traders piled in, even as some institutional investors sounded warnings about rampant speculation.
Bitcoin Slides Toward $46K, Dropping Alongside US Stock Market
Bitcoin’s hopes for a powerful year-end rally toward $100,000 are fading.
Fed Speeds Up Stimulus Withdrawal, and Bitcoin Jumps
The Fed will reduce its bond purchases by $30 billion every month to wind them down early next year, doubling from the current pace of withdrawal of $15 billion every month.
